There's certainly something to be said for living in a brand new purpose built rental with all the amenities, but I totally agree with you. The options around $2k/month in the owner-rented condo market downtown are endless right now, and they usually include a parking stall.I am currently in the market for a central 2 bedroom rental. My Girlfriend inquired on both The Augustana and CX Grandin. Both look great inside, but it's tough to justify paying $2,000+ before parking for something smaller than my 70s era 1 bedroom. Especially when there is good bang for buck in owner rented recent downtown builds and well renovated Oliver buildings. I think a big incentive roll-out & September student return (Bank of M & D) could help their cause
although it says "new listing to market", i think it has been listed with ay for some time so this is a change in brokerage firms.For sale!
JLL Multifamily Ontario on LinkedIn: Augustana: Best-in-Class Luxury Purpose-Built Rental Tower in DowntownNew to Market | Augustana: A luxury 30-storey mixed-use development located in Edmonton, Alberta. The Property features an attractive mix of 240 residential...www.linkedin.com